STOCKWATCH: Jiangsu Nandasoft expected to rise in late trading; hold for mid-ter

Jiangsu Nandasoft (8045) was highly recommended when it consolidated around the
 HK1 earlier, and rose suddenly yesterday on a sufficient turnover. It is
 believed that heavy investors intended to make an unexpected move. It
 retreated amid a stagnant market though it sustained the upward trend today. 
With RSI in overselling zone, the consolidation range is expected to be minor 
and the stock will try new highs repeatedly in late trading. Advisable to hold

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